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on May 2nd you buy 30 contracts of September reliance futures at rupees 420/share assume that each contact covers 50 shares the initial margin is
on May 2nd you buy 30 contracts of September reliance futures at rupees 420/share assume that each contact covers 50 shares the initial margin is rupees 900 /contract and maintenance margin rupees 675/contract daily settlement prices are as follows may 2nd -409 may 3rd-433 may4th-418 May 5th-423 whenever you allow to withdraw From margin account you are withdrawing half the maximum amount each day describe what changes take place in the margin account at the end of each day?
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